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Report Azerbaijan - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Azerbaijan - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Azerbaijan

The Azerbaijani market for broad beans and horse beans (dry) shrank to $X in 2022, almost unchanged from the previous year. In general, consumption, however, continues to indicate a perceptible shrinkage. Broad bean and horse bean consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Broad Beans And Horse Beans (Dry) in Azerbaijan

In value terms, broad bean and horse bean production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of 32%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of broad beans and horse beans (dry) in Azerbaijan shrank sharply to X tons per ha, which is down by -38.8% against 2021 figures. In general, the yield showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 125% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then dropped dramatically in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the broad bean and horse bean harvested area in Azerbaijan skyrocketed to X ha, with an increase of 65% against the previous year. In general, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 119%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the broad bean and horse bean harvested area failed to regain momentum.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Azerbaijan

In 2022, purchases abroad of broad beans and horse beans (dry) increased by 114% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 955%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, broad bean and horse bean imports soared to $X in 2022. In general, imports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,146% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest broad bean and horse bean supplier to Azerbaijan, with a 69% share of total imports. Moreover, broad bean and horse bean imports from Turkey exceeded the figures recorded by the second-largest supplier, Australia (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +1.3%.

In value terms, Turkey ($X) constituted the largest supplier of broad beans and horse beans (dry) to Azerbaijan, comprising 69% of total imports. The second position in the ranking was held by Australia ($X), with a 31% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +5.4%.

Import Prices by Country

In 2022, the average import price for broad beans and horse beans (dry) amounted to $X per ton, rising by 36% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broad bean and horse bean import price increased by +25.1% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 40% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of broad bean and horse bean consumption in 2021 were China, Ethiopia and Egypt, together accounting for 57% of global consumption. These countries were followed by the UK, Sudan, Italy, France, Germany, Lithuania and Australia, which together accounted for a further 23%.
The countries with the highest volumes of broad bean and horse bean production in 2021 were China, Ethiopia and the UK, together accounting for 58% of global production. Australia, Lithuania, Germany, Sudan, France, Italy, Egypt and Latvia lagged somewhat behind, together accounting for a further 25%.
In value terms, the largest broad bean and horse bean suppliers to Azerbaijan were Australia, Peru and France $805), with a combined 97% share of total imports.
The average import price for broad beans and horse beans dry) stood at $2,087 per ton in 2021, waning by -11.3% against the previous year.

This report provides an in-depth analysis of the market for broad bean and horse bean in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 181 - Broad beans, dry

Country coverage:

  • Azerbaijan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Azerbaijan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

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